The Contracting Education Academy

Contracting Academy Logo
  • Home
  • Training & Education
  • Services
  • Contact Us
You are here: Home / Government Contracting News / FEMA raises ‘small’ threshold for public assistance grants

March 7, 2014 By AMK

FEMA raises ‘small’ threshold for public assistance grants

The dollar threshold for a disaster recovery project considered “small” by the Federal Emergency Management Agency (FEMA) has gone up by more than half, to $120,000.

Small construction projects that FEMA funds through public assistance grants after presidentially declared major disasters are subject to significantly fewer paperwork and inspection requirements. The state, local and tribal governments and some nonprofits eligible to receive FEMA grants for rebuilding disaster-damaged facilities get the money upfront when the project is considered small, rather than having to wait until after FEMA can process documented proof of costs incurred.

A FEMA analysis from earlier this year concluded that over the past seven years, 88 percent of projects have been small – and despite that overwhelming percentage, they’ve consumed only 15 percent of public assistance grant dollars. Under the new threshold, that number would have been 93 percent of all projects and 20 percent of grant money – the latter also being the median percentage of small project amount dollars over the past seven years.

Keep reading this article at: http://www.fiercehomelandsecurity.com/story/fema-raises-small-threshold-public-assistance-grants/2014-03-03 

 

Filed Under: Government Contracting News Tagged With: disaster recovery, FEMA, small business

Popular Topics

abuse acquisition reform acquisition strategy acquisition training acquisition workforce Air Force Army AT&L bid protest budget budget cuts competition cybersecurity DAU DFARS DHS DoD DOJ FAR fraud GAO Georgia Tech GSA GSA Schedule GSA Schedules IG industrial base information technology innovation IT Justice Dept. Navy NDAA OFPP OMB OTA Pentagon procurement reform protest SBA sequestration small business spending technology VA
Contracting Academy Logo
75 Fifth Street, NW, Suite 300
Atlanta, GA 30308
info@ContractingAcademy.gatech.edu
Phone: 404-894-6109
Fax: 404-410-6885

RSS Twitter

Search this Website

Copyright © 2023 · Georgia Tech - Enterprise Innovation Institute